Sunday, December 6, 2009

Nifty Weekly Chart


Ascending Triangle could be seen on nifty chart , if 5181 is taken out with volumes we could target 5800 area in coming months.
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2 comments:

  1. UmangDecember 7, 2009 at 10:30 PM

    Renu ji, What will be the future outlook for nifty if it breakdown of ascending triangle??

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  2. RenuDecember 8, 2009 at 9:45 AM

    Hi Umang,

    Invalidation of ascending triangle will come once nifty starts trading below 4900,in that case i guess it will target 4700.

    renu

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